Klump Partners Jumia to Bring Instalment Payments to Nigerian Shoppers
The partnership enables Jumia customers in Nigeria to split the cost of eligible purchases into manageable instalments, making it easier for consumers to access products without paying the full amount upfront.
Nigerian buy-now-pay-later (BNPL) fintech Klump has partnered with Jumia to introduce instalment payment options on one of Africa’s largest e-commerce platforms, expanding access to flexible consumer credit for online shoppers.
The partnership enables Jumia customers in Nigeria to split the cost of eligible purchases into manageable instalments, making it easier for consumers to access products without paying the full amount upfront.
Announcing the collaboration, Klump said the agreement aligns with its mission of providing Nigerians with affordable credit wherever they shop. The company noted that integrating its financing solution into Jumia’s marketplace marks a significant milestone in expanding access to digital consumer finance.
With the addition of Jumia, Klump said it now powers instalment payments on two of Nigeria’s largest e-commerce platforms, strengthening its position in the country’s growing embedded finance and e-commerce ecosystem.
The partnership is expected to support increased online shopping by offering consumers greater payment flexibility while helping merchants improve affordability and potentially boost sales through accessible financing options.
